Macao’s composite interest rates – 3rd Quarter 2022
According to statistics released today by the Monetary Authority of Macao, funding costs of the banking sector in Macao generally increased in the third quarter of 2022.
At end-September 2022, the composite interest rates for MOP and HKD rose 32 basis points and 66 basis points, from 0.56% and 1.05% at end-June 2022 to 0.88% and 1.71% respectively.
Macao’s composite interest rates are the weighted average interest rates of all interest-bearing liabilities and non-interest-bearing demand deposits on Macao banks’ books.
Detailed information about the composite interest rates of Macao is available in the latest time series.